An Account into Which Funds Are Deposited Only in an Amount

question 96

Multiple Choice

An account into which funds are deposited only in an amount equal to the value of the checks presented for payment that day is called a ________ account.

• A) lockbox
• B) concentration
• C) zero-balance
• D) compensating balance
• E) revolving

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Definitions:

Case

In computing, refers to the enclosure that houses the components of a computer, such as the motherboard, hard drive, and power supply.

Resource Conflict

Occurs when two or more computer components or programs attempt to use the same resources, such as memory addresses or IRQs, leading to malfunctions.

Device Manager

A Windows feature that allows users to view and control the hardware attached to the computer.

Driver Problem

Issues related to the software drivers that enable computer operating systems to communicate with hardware devices, often causing devices to malfunction or not work at all.